Late last weekend, the cannabis news world was caught in flurry. On Wednesday, 7-Eleven, one of the world’s, and the cannabis communities, most popular convenience stores, was announced to have made a deal with Denver-based CBD producers, Phoenix Tears.
The deal was to have 4,500 locations carry a variety of their products, aiming to have it available at all shops by the end of 2018.
The announcement introduced a much more accepting society, especially with their magnitude of 7-Eleven’s business and scope. Founder of Phoenix Tears, Janet Rosendahl-Sweeney, made this statement:
“We are excited that 7-Eleven will bring the Phoenix Tears product line to millions of Americans who can benefit from these all-natural, safe, and market-proven health alternative products. In addition, this agreement confirms our belief that CBD’s status as a mainstream wellness option has arrived. We’re eager to usher in a new era of effective, holistic, hemp-based supplements that are now as easy to buy as stopping by the local convenience store.”
Thursday, however, the deal was denied by 7-Eleven. The companies Director of Communications, Stephanie Shaw, made this statement to Huffington Post in response to the story.
“We had made no agreement or partnership with this company and do not know why they said that.” An email thursday to Hemp Industry Daily added, “7-Eleven Inc. does not support the sale of cannabis-based products, including those with cannabidiol (CBD).”
President of MarketHub Retail Services, Blake Patterson, added to the confusion. MarketHub is a distributor that works with 7-Eleven; the announced deal was actually made with them, not 7-Eleven. Markethub disagrees with the 7-Eleven’s comments regarding CBD no being permitted in stores.
Patterson noted that “distributing CBD in 7-Eleven stores will address the growing consumer demand for effective and safe CBD-based products that can now be easily sourced over the counter.”
Phoenix Tears only noted that they may have “misstated” some details and they were trying to “get to the bottom of the issue.” The Social Weed reached out to the Denver company but did not receive further comment.
